DIGITAL HEARTS HOLDINGS Co., Ltd. Suspends Dividend for FY2027

DIGITAL HEARTS HOLDINGS Co., Ltd. has suspended its dividend forecast for the fiscal year ending March 2027, citing a pending management buyout by Sandbox Inc.

ItemBeforeAfterChange
Interim DividendJPY 12.50/shareJPY 0.00/shareJPY -12.50/share
Year-end DividendJPY 12.50/shareJPY 0.00/shareJPY -12.50/share
Annual DividendJPY 25.00/shareJPY 0.00/shareJPY -25.00/share

The revision is conditional on completion of Sandbox Inc.’s tender offer for the company. The acquisition price was determined on the assumption that no dividends would be paid during the fiscal year, the company said in a statement. The buyout is expected to result in delisting from the Tokyo Stock Exchange, with the company also planning to abolish its shareholder incentive program concurrent with the transaction.

The suspension reflects standard practice in management buyout transactions, where acquisition pricing typically incorporates assumptions about capital allocation post-announcement. Investors holding shares should note that the delisting timeline and final terms remain subject to regulatory approval and completion of the tender offer process. The company has not disclosed an expected completion date for the transaction.

Source: Original filing (TDnet) | 日本語版

This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.